The Leftist/ruling elite in Venezuela and elsewhere have the option to leave. I watched it happen in Iran with the exodus of the Shah’s cronies prior to his downfall. The Saudi Royal family is prepared to leave at a moment’s notice. The electronic movement of assets makes it easy.
Eventually government handouts run out.
That seems to be happening in Venezuela. The country is zooming down to some sort of Hollywood -like dystopia where the cities are depopulated and the home of roaming gangs of ‘gatherers’ and towns that have a little bit to survive on (decent land or a water source} fort up and form militias to drive off the desperate mobs of ‘wanderers’ searching for sustenance.